BREAKING: PlayStation is shutting down Bluepoint Games (Demon's Souls/Shadow of the Colossus remakes)

BREAKING: PlayStation is shutting down Bluepoint Games, the studio responsible for modern remakes of classic games such as Demon's Souls and Shadow of the Colossus, Bloomberg News has learned.

A shocking end for a well-respected studio.

Bluepoint was working on a God of War live-service game until it was canceled early last year. The studio then spent the last year pitching and trying to determine what it would do next.